An Introduction to the Three Volumes of Karl Marx's CapitalThe global economic crisis and recession that began in 2008 had at least one unexpected outcome: a surge in sales of Karl Marx's Capital . Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's thought. Heinrich's modern interpretation of Capital is now available to English-speaking readers for the first time. |
Contents
| 7 | |
| 13 | |
2 The Object of Critique in the Critique of Political Economy | 29 |
3 Value Labor Money | 39 |
4 Capital Surplus Value and Exploitation | 81 |
5 The Capitalist Process of Production | 99 |
6 The Circulation of Capital | 131 |
7 Profit Average Profit and the Law of the Tendency of the Rate of Profit to Fall | 141 |
9 Crisis | 169 |
10 The Fetishism of Social Relations in Bourgeois Society | 179 |
11 State and Capital | 199 |
12 CommunismSociety beyond the Commodity Money and the State | 219 |
| 225 | |
Notes | 229 |
| 238 | |
8 Interest Credit and Fictitious Capital | 155 |
Other editions - View all
An Introduction to the Three Volumes of Karl Marx's Capital Michael Heinrich No preview available - 2012 |
Common terms and phrases
abstract labor accumulation amount analysis anti-Semitism average profit banks capi capitalist mode capitalist production chapter circulation commodity and money commodity owners commodity production Communist Manifesto conception consciousness constant capital constitutes credit money crisis critique of political domination duction economic Engels euros example existence expended exploitation expressed fetishism fiinction find first volume fixed form of value historical increase individual capital individual capitalist industrial interest interest-bearing capital labor process linen machine magnitude of value Marx Marx’s means of production means of subsistence MECW mode of production modity movement necessary labor-time objective oflabor oflabor-power ofproduction ofprofit ofthe ofvalue particular political economy possible production process productivity of labor proletariat purchase rate of profit rate of surplus reproduction result sell specific sum of value surplus value things tion valorization of capital value of labor-power value theory variable capital volume of Capital wage-laborer wages workday workers worldview Marxism